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11.
{1776}<br />Adam Smith made the point...<br />“It is in the progressive state, while the society is advancing <br />to the further acquisition, rather than when it has acquired <br />its full complement of riches, that the condition of the great <br />body of the people seems to be the happiest and the most <br />comfortable.”<br />

12.
“It is hard in the stationary, and miserable in <br />the declining state.”<br />

13.
{2005}<br />so did Benjamin Friedman...<br /> economic growth seems to make people more tolerant, less <br />prone to violent dispute and keener on democracy. <br />economic decline, on the other hand, is associated with social <br />strife, intolerance and authoritarianism. <br />

30.
free up the idea<br />“Don’t be secretive about your idea. Ideas need to be free. All ideas will be copied. It’s execution that matters.”<br />Sebastien de Halleux, co-founder & coo Playfish<br />

31.
mix things up<br />“That’s what I do on a daily basis. I mix things up and look for new spaces.”<br />Sven Bally, co-founder Colibricard<br />

32.
define the value<br />“Finding core value starts with scarcity.”<br />Sacha Vekeman, co-founder Mobiya<br />“A company is not a business; it’s just a legal entity. You decide if it becomes a business or not.”<br />Jeroen Meens, co-founder Cynex<br />

33.
do not start alone<br />“Start with the right people; you can’t do it alone”<br />Hans Nissens, ceoOxynade<br />“Management experience is not the same as entrepreneurial experience”<br />James Thompson, director Wharton Societal Wealth Program<br />

34.
think big, start small<br />“Too often, people try to build everything at once but end up building nothing.”<br />Brice Le Blévennec, director EMAKINA<br />“It can also be done with limited resources. At least, if one has enough imagination.”<br />Maarten Van Laere, co-founder & ceoServerscheck<br />

39.
innovate<br />“Ideas are our raw materials, but even more important are the people who work with these ideas.”<br />Hans Bourlon, joint ceo Studio 100<br />“If you’re a rebel, you also stir up that bit of rebelliousness in your people”<br />LievenMessiaen, ceo Modular Lighting<br />“It’s in the confrontation that new things emerge”<br />Koen Vanmechelen, artist creator of the Cosmopolitan Chicken Project<br />

40.
internationalise<br />“The know-how which we accumulated is being projected on to other countries, adapted to the local legislation”<br />Luc Desender, ceoElectrawinds<br />“It’s time Belgium became the access point to Europe.”<br />Luc Missinne, managing director Porter Novelli Belgium<br />

41.
choosegrowthmarkets<br />“You can only grow if there is enough demand for your product”<br />Luc Desender, ceoElectrawinds<br />

42.
take the money<br />“If capital is offered take as much as you can... Don’t delay, think big, much bigger.”<br />Peter Grognard, ceoSeptentrio<br />

52.
tech transfer<br />“The aim is to create one or two spin-offs per year”<br />Ann-Pascale Bijnens, director tech transfer University of Hasselt<br />“We’re focused mainly on creating the right environment for our start-ups. We do this by leveraging not only our faculty, ... but also our network beyond the institute”<br />Pranay Gupta, joint ceo CIIE Ahmedabad India<br />

53.
teaching entrepreneurship<br />“Our programme is 50% engineers & scientists from UCL and 50% MBA students from LBS. That’s turning out to be a very powerful course..”<br />Keith Willey, Associate Professor London Business School<br />“Our focus is to improve the international capabilities of our SMEs. .. We do that via our training programmes but we’ve also developed an international network of advisors”<br />Andy Hamilton, ceo The ICEHOUSE Auckland New Zealand<br />